There are several strategies businesses can employ to manage missing receipts:
Reconstruct the Transaction: Use bank statements, credit card statements, and other records to reconstruct the details of the transaction. Affidavit: Create an affidavit or a detailed statement explaining the expense and the reason for the missing receipt. Expense Report Forms: Use detailed expense report forms that include information about the date, amount, and purpose of the expense. Digital Receipts: Encourage the use of digital receipts and expense tracking apps.